v3.26.1
Cash and Cash Equivalents and Fair Value Measurement (Tables)
 6 Months Ended
Jun. 30, 2026
Cash and Cash Equivalents [Abstract]  
Summary of Cash and Cash Equivalents

The following is summary of cash and cash equivalents that the Company measures at fair value (in thousands):

 

 

Fair Value at June 30, 2026

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Money market funds(1)

 

$

8,000

 

 

$

—

 

 

$

—

 

 

$

8,000

 

Accrued income

 

 

27

 

 

 

—

 

 

 

—

 

 

 

27

 

Total money market funds

 

$

8,027

 

 

$

—

 

 

$

—

 

 

$

8,027

 

 

(1)
Money market funds are included in cash and cash equivalents in the condensed balance sheet.

 

 

Fair Value at December 31, 2025

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Money market funds(1)

 

$

3,500

 

 

$

—

 

 

$

—

 

 

$

3,500

 

Accrued income

 

 

11

 

 

 

—

 

 

 

—

 

 

 

11

 

Total money market funds

 

$

3,511

 

 

$

—

 

 

$

—

 

 

$

3,511

 

 

(1)
Money market funds are included in cash and cash equivalents in the condensed balance sheet.